_____________________________________

www.canasil.com

TSX-V:CLZ

Silver-Gold-Copper-Zinc Exploration in

Mexico and British Columbia, Canada

Corporate Presentation

March 2022

TSX-V:CLZ OTC:CNSUF DBFrankfurt:3CC

Canasil Resources Inc. - Creating Value Through Discovery

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www.canasil.com

TSX-V:CLZ

"Forward-looking Statements"

This presentation contains certain statements that may be deemed "forward-looking statements". All statements in this presentation, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploration activities and events or developments that the Company expects to occur, are forward-looking statements. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements as they constitute what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in the forward-looking statements include market prices, exploration and exploitation success, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that such statements are not guarantees of future performance and actual results and developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management beliefs, estimates or other factors should change.

Canasil Resources Inc. - Creating Value Through Discovery

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www.canasil.com

TSX-V:CLZ

Directors, Officers, Advisors:

Alvin Jackson, Director

Michael McInnis, Director

Arthur Freeze, Director

Bahman Yamini, Director, Pres. & CEO,

Kerry Spong, CFO & VP Finance

Graham Scott, Corp. Sec., Legal Counsel

Erme Enriquez, Dir. Expl. & Dev., Mexico

Robert Brown, Advisor, (Qual. Person)

David Terry, Advisor

Gary Nordin, Advisor

Shares issued:

131,671,622

5-Year Price Range:

$0.05 - $0.25

Warrants (Weighted Ave. $0.17):

14,276,250

Current Share Price:

$0.12

Options (Weighted Ave. $0.13):

10,540,000

Market Capitalization:

$15.8 Million

Fully diluted:

156,487,872

3 Mth. Av. Trading Volume:

74,000

Capital raised to date:

$26,051,000

Major shareholders:

Av. price per issued share:

$0.20

Management:

14%

Working Capital:

$435,000

Major Private Investors:

30%

Add. Cap. on Full Dilution:

$4,082,000

Institutional:

19%

Dec. 31, 2021

Mar.. 2022

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Canasil Resources Inc. - Creating Value Through Discovery

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www.canasil.com

TSX-V:CLZ

High Potential Silver-Gold-Copper

Exploration in Mexico and BC, Canada

Investment highlights:

  • Multiple exploration projects targeting large mineralized systems
  • Extensive exploration expenditures to date including drilling
  • High discovery potential
  • World-classlocations, stable mining friendly jurisdictions
  • Close to operating mines and major deposits
  • 100% owned projects, no acquisition payments or NSR's
  • Experienced management team fully aligned with shareholders
  • Strong share structure

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www.canasil.com

TSX-V:CLZ

Major Value Drivers:

1. Leverage to Positive Resource Cycle - Silver, Gold, Copper Miners

SIL: Global X Silver Miners ETF

COPX:

Global X Copper Miners ETF

GDXJ: Van Eck Vectors Junior

Gold Miners ETF

Canasil Resources Inc. - Creating Value Through Discovery

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Canasil Resources Inc. published this content on 17 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2022 21:59:38 UTC.